100% Pass Quiz 2024 C_S4FTR_2023: SAP Certified Associate - SAP S/4HANA Cloud Private Edition

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SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Treasury Sample Questions (Q32-Q37):

NEW QUESTION # 32
Which G/L account type must be set when working with the bank reconciliation ledger?

A. Balance sheet account
B. Bank sub account
C. Bank reconciliation account
D. Cash account

Answer: D

NEW QUESTION # 33
Which source applications use origin X when defining queries and query sequences? Note: There are 2 correct answers to this question.

A. Treasury and Risk Management (TRM)
B. General Ledger Accounting (FI-GL)
C. Contracts Accounts (FI-CA)
D. Accounts Receivable (FI-AR)

Answer: A,C

NEW QUESTION # 34
Which types of payments can be processed with the Automatic Payment Transactions for Payment Requests app? Note: There are 2 correct answers to this question.

A. In-house cash payments
B. Freeform payments
C. Payroll payments
D. Mobile payments

Answer: C,D

NEW QUESTION # 35
Your organization would like to use the review process for bank accounts. In which SAP Fiori app do you initiate this process?

A. Manage Banks
B. My Sent Requests - For Bank Accounts
C. Review Bank Accounts
D. Manage Bank Accounts

Answer: C

NEW QUESTION # 36
You have customized the system for hedge accounting under IFRS.During period-end activities, which of the following amounts of the hedging instrument (HI) does the system post to equity (OCI)?

A. For fair value hedges, the non-effective portion of the change in fair value of the HI
B. For fair value hedges, the effective portion of the change in fair value of the HI
C. For cash flow hedges, the non-effective portion of the gain or loss of the HI
D. For cash flow hedges, the effective portion of the gain or loss of the HI

Answer: D

Explanation:
Under IFRS, the effective portion of the gain or loss on a cash flow hedge is recognized in other comprehensive income (OCI). This is done to match the timing of the recognition of the gain or loss on the hedged item, which is also recognized in OCI. The non-effective portion of the gain or loss on the hedging instrument is recognized in profit or loss.
For fair value hedges, the entire change in fair value of the hedging instrument is recognized in profit or loss. This is because the hedged item is also recognized at fair value in profit or loss.

NEW QUESTION # 37
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